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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (6901)10/21/1997 11:45:00 AM
From: Riley G  Read Replies (2) | Respond to of 55532
 
READ ALL!!!!!!!!
Skeeter Bug, I must admit that the nays have got me beat.
I will sell 865 shares at $52.625 rather than the $35 to $45 range.
I am sorry but I will be selling up the ladder from the 50's through the multi-hundreds now. You have converted me.....

Here's how I plan to sell my shares through a slow steady upward process. Others may want to model a slow steady sell after this. I have no control of how you do it. As in all investments, this is only a template!

Stock Price Sell percentage
xx-xx 3% to 5% of position (cover buy in and nice profit)
xx-xx another 5%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
================================================

It is a simple matter to replace the xxx-xxx's with the starting price ranges that you want to start selling off shares. This method does not flood the market with shares and allows the stock price to grow as you sell a little here and there. You don't have to sell them in a day, two, or a month. You just follow your own set selling plan.

I have said that I am not selling any shares until the mid. $50 to $65 range, and then about 865 shares of my position! I do not sell on even numbers, I have plans on selling at odd places like EXAMPLE....200 shares at $52.625, 300 shares at $58.125,etc.....

Riley G